FG Spends $8bn To Stabilise Naira
The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the...
UBA Group Donates $500,000 To AU Peace Fund
United Bank for Africa (UBA) Plc has donated $500,000 to the African Union (AU) Peace Fund as part...
Nigerian FX Reforms to Promote Ethical Conduct
The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote...
CBN Introduces N100, N500 Charges On ATM Withdrawals
Charges that customers have to pay when they make withdrawals at Automated Teller Machines (ATMs) have been increased...
Rand Merchant Bank Facilitates N82.89bn Bond Issuance For Presco
Rand Merchant Bank Nigeria has said it served as the joint lead issuing house for Presco Plc in...
Naira Continues Upward Trend As Speculators Count Losses
The naira recently sustained its rally at the official and parallel markets, continuing an upward trend against the...
Analysts Project 15% Inflation As MPC Holds February 18
With the rebasing of inflation to a base year of 2024, analysts at Commercio Partners have stated that...
Inflation Expected To Ease To 33% On Stable Naira, Fairly Lower Prices
The recent stability of the naira and mildly lower food and fuel prices should taper inflation to 33.1...
Banks Borrowing From CBN Drops By 43% To N9.15trn On Improved Liquidity
Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month,...
Naira Gain: BDC Operators Laud CBN’s FX Reforms
President, Association of Bureaux De Change Operators of Nigeria (ABCON), Dr. Aminu Gwadabe has said that the ongoing...
